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LSE:CSN

Chesnara PLC

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Market:
LSE
Market Cap:
£412.68 m
Price
275.00 GBX
Change
1.10%
52 weeks high
367.00
52 weeks low
200.00

OUR VISION & VALUES 

Our values are strongly influenced by our responsibility to our key stakeholders including policyholders, regulators, employees and our investors.

 

ABOUT OUR DIVISIONS

We have a clear aim to provide a consistent and dependable dividend flow for our shareholders through the acquisition, restructuring and management of Financial Services companies in Western Europe. Our primary focus is on closed books but we also recognise the contribution of open businesses where there is clear value enhancement.

Countrywide Assured

Movestic

Waard Verzekeringen

Scildon

UK, Sweden and The Netherlands.

PETER MASON, Chairman
Non-executive Chairman of the board, Peter is responsible for the leadership of the board, setting the agenda and ensuring the board’s effectiveness on all aspects of its role.

Appointment to the Board:
Appointed to the board in March 2004 and as Chairman in January 2009.

Committee membership:
Nomination & Governance (Chairman) and a member of the Remuneration Committee. Peter attends the Audit & Risk Committee by invitation.

Current directorships/business interests:

  • Movestic Livförsäkring AB, Chairman
  • Chesnara Holdings BV, Chairman
  • Countrywide Assured plc, Chairman
  • Countrywide Assured Life Holdings Limited, NED

 

MARK HESKETH, Non-Executive Director
Appointment to the Board:
Appointed to the Chesnara plc board in December 2018.

Committee membership:
Nomination & Governance and Audit & Risk.

Current directorships/business interests:

  • Stonebridge International Insurance Ltd, NED
  • Centre for Ageing Better, NED
  • Bethany Christian Trust, NED
  • Powza Ltd, NED

 

JOHN DEANE, Chief Executive
Appointment to the Board:
Appointed to the board in December 2014 as Chief Executive in January 2015.

Career, skills and experience:
John is a qualified Actuary and has over 30 years experience in the life assurance industry. John joined Century Life, a closed book acquisition company in 1993. As CEO, he oversaw the creation of the outsourcing company Adepta in 2000. He joined Old Mutual plc in 2003 becoming their Corporate Development Director later that year. In 2007 he joined the board of Royal London with responsibility for its open businesses in the UK, Ireland and Isle of Man.

 

VERONICA OAK, Non-Executive Director, Chairman of the Remuneration Committee
Appointment to the Board:
Appointed to the Chesnara plc Board, January 2013 and to the Board of Countrywide Assured plc.

Committee membership:
Nomination & Governance, Audit & Risk, and Remuneration.

Current directorships/business interests:

  • Chairman of the Chesnara plc Remuneration Committee
  • Hanley Economic Building Society Chairman of the Risk Committee
  • Hanley Mortgage Services Limited, NED
  • Hanley Financial Services Limited, NED
  • Sanlam Investment Holdings Limited, NED
  • Sanlam UK Limited, NED
  • Investment & Life Assurance Group Limited, NED
  • Countrywide Assured plc, NED

 

DAVID BRAND, Non-Executive Director

Appointment to the Board:
Appointed to the Chesnara plc board and the board of Movestic Livförsäkring AB in January 2013.

Committee membership:
Nomination & Governance, Audit & Risk and Remuneration.

Current directorships/business interests:

  • Exeter Friendly Society, Chairman of the Audit Committee and Investment Committee
  • Exeter Cash Plan Holdings Limited, NED
  • Exeter Cash Plan Limited, NED
  • Movestic Livförsäkring AB, Chairman of the Audit & Risk Committee
  • Countrywide Assured plc, NED

 

JANE DALE, Senior Independent Non-Executive Director And Chairman Of The Audit & Risk Committee
Appointment to the Board:
Appointed to the Chesnara plc board in May 2016 and as Chairman of the Audit & Risk Committee in December 2016, Jane became Senior Independent Director in October 2018.

Committee membership:
Audit & Risk and Nomination & Governance

Current directorships/business interests:

Countrywide Assured plc, Chairman of the Audit & Risk Committee
Covea Insurance plc, Chairman of the Audit Committee
Covea Life Limited, Chairman of the Audit Committee
Bizspace Holdings Limited, NED

 

DAVID RIMMINGTON, Group Finance Director
Appointment to the Board:
Appointed as Group Finance Director with effect from May 2013.

Career, skills and experience:
David trained as a chartered accountant with KPMG, has more than 20 years’ experience in financial management within the life assurance and banking sectors and has delivered a number of major acquisitions and business integrations. Prior to joining Chesnara plc in 2011 as Associate Finance Director, David held a number of financial management positions within the Royal London Group including 6 years as Head of Group Management Reporting.

Registered and Head Office
Chesnara plc
Building 4, West Strand Business Park
West Strand Road
Preston
PR1 8UY
Phone: +44 01772 972 050
Email: [email protected]

 Shares in issue: 149,7m 5p Ords

Major shareholders   Date Amount % Holding
Ameriprise Financial Inc   09 Mar 2016 15,181,378 12.01
Prudential Plc   05 Jan 2017 6,692,370 4.46
Aberdeen Asset Managers Ltd   23 Aug 2016 6,402,102 5.06
Barclayshare Nominees Ltd   23 Mar 2016 3,977,196 3.15

 

Directors   Date Amount % Holding
Peter W Mason 15 Dec 2016 25,743 0.02
John Vincent Deane 15 Dec 2016 19,677 0.01
David Rimmington 15 Dec 2016 8,848 0.01
Mike Evans 15 Dec 2016 7,956 0.01
David Brand 15 Dec 2016 5,500 0.004
Jane Dale 15 Dec 2016 3,333 0.002
Veronica Oak 15 Dec 2016 3,000 0.002

 

 

Registered and Head Office
Chesnara plc
Building 4, West Strand Business Park
West Strand Road
Preston
PR1 8UY
Phone: +44 01772 972 050
Email: [email protected]

Feedback is important to us, please contact our Chief Executive John Deane: [email protected]

Joint Stockbrokers
Panmure Gordon
One New Change
London
EC4M 9AF

Investec Bank plc
30 Gresham Street
London
EC2V 7QP

Analysts
Barrie Cornes
Phone: 020 7886 2758
Phone: 07799 424074
Email: [email protected]

Public Relations Consultants
Roddy Watt
FWD
145 Leadenhall Street
London
EC3V 4QT
Phone: 020 7280 0651
Phone: 07714 770 493
Website: www.fwdconsulting.co.uk

Registrars
Link Asset Services
The Registry
34 Beckenham Road
Beckenham
Kent
BR3 4TU

By phone - UK - 0371 664 0300  - Calls are charged at the standard geographic rate and will vary by provider.
Calls outside the United Kingdom will be charged at the applicable international rate.
Lines are open between 09:00 - 17:30, Monday to Friday (excluding public holidays in England and Wales)
By email - [email protected]

Bankers
National Westminster Bank plc
135 Bishopsgate
London
EC2M 3UR

The Royal Bank of Scotland
8th Floor
135 Bishopgate
London
EC2M 3UR

Lloyds TSB Bank plc
3rd Floor
Black Horse House
Medway Wharf Road
Tonbridge
Kent
TN9 1QS

Legal Advisors
Ashurst LLP
Broadwalk House
5 Appold Street
London
EC2A 2HA

Auditor
Deloitte LLP
Chartered Accountants & Statutory Auditor
Hill House
1 Little New Street
London
EC4A 3TR

Corporate Advisors
Shore Capital
Bond Street House
14 Clifford Street
London
W1S 4JU
Phone: 020 7468 7958
Website: www.shorecap.co.uk

Policyholders Contacts
Our Policyholder Contacts can be found within this separate page of the website: Policyholder Contacts